Crédit Agricole CIB Replaces Legacy Infrastructure with Orchestrade
The investment bank is overhauling its interest-rate derivatives and FX forwards trading operations by replacing its trading and risk legacy systems.
The bank is transferring all front-to-middle office processing of vanilla and structured products and now runs trading and real-time calculations on Orchestrade’s platform.
Crédit Agricole expects to benefit from Orchestrade’s improved efficiency and real-time risk capabilities while using one consistent platform for sales, trading, risk and operations.
Thomas Spitz, global head of trading division at Crédit Agricole CIB, said in a statement: “Orchestrade enabled us to improve risk
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